HR 1429 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to exclude from gross income $100 of interest in the case of an individual taxpayer.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1979-01-24)
Plain Language Summary
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Amends the Internal Revenue Code to exclude from gross income up to $100 of the interest earned on a savings account.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
5 Democrats15 Republicans